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Comparative Analysis of the Effectiveness of Individual Instruments of State Investment Policy

Author

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  • Mamedov, Arseny

    () (Russian Presidential Academy of National Economy and Public Administration (RANEPA); Gaidar Institute for Economic Policy)

  • Hudko, Hudko

    () (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

  • Belev, Sergei

    () (Russian Presidential Academy of National Economy and Public Administration (RANEPA); Gaidar Institute for Economic Policy)

  • Moguchev, Nikita Sergeevich

    () (Russian Presidential Academy of National Economy and Public Administration (RANEPA))

Abstract

This paper presents an overview of theoretical views on the state's role in the revitalization of the investment process in the country, summarizes approaches to evaluating the effectiveness of public investment, described the trend of public financing of investment by industry and the level of individual budgets in OECD countries and the BRICS. The analysis of the main elements of the formation of the state investment policy: the account environmental factors, improving the practical implementation of the investment budget and optimization of mechanisms of the state investment policy instruments in relation to the choice of a certain sphere of realization of investment projects.

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  • Mamedov, Arseny & Hudko, Hudko & Belev, Sergei & Moguchev, Nikita Sergeevich, 2016. "Comparative Analysis of the Effectiveness of Individual Instruments of State Investment Policy," Working Papers 3052, Russian Presidential Academy of National Economy and Public Administration.
  • Handle: RePEc:rnp:wpaper:3052
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    Keywords

    state investment policy; OECD; BRICS;

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